Tag: Osram

Philips Lighting, Acuity Brands, Eaton, and OSRAM are among the leading players in the Internet of Things (IoT) for lighting market, according to a new report from Navigant Research.

The report, which can be found here, assesses 16 vendors in total, including larger vendors, such as Cisco, Intel, Schneider Electric, and Siemens. These players are all placed as challengers, as opposed to contenders or leaders.

Navigant Research argues that the total global market for IoT lighting is set to hit $ 5.5 billion by 2027, up from $ 808.2 million this year.

The research firm defines IoT for lighting as ‘adding value beyond illumination.’ “Connectivity and communication can happen between devices within the lighting system and between lighting devices and non-lighting devices,” it adds. “Within lighting systems, such communication can be accomplished through lighting controls. Networked lighting controls achieve many of the aspects described in this definition of IoT lighting solutions.”

The report assesses a variety of questions, including the drivers pushing ahead the IoT for lighting market, global revenue forecasts, and the strengths and weaknesses of each company.

“The leaders within this report have separated themselves from the competition through a broad solution portfolio, strong partner relationships, and advanced technology development,” said Krystal Maxwell, Navigant research analyst. “Contenders and challengers in this market will need to improve in various ways, from expanding their solution offerings, to increasing sales, to differentiating themselves through unique features and applications.”

In terms of how smart lighting equates to the IoT, a blog post from OSRAM explains the link. “Currently, we are at the infancy stage of what the IoT will enable – today we are seeing just a sliver’s worth of applications from a very big pie of potential applications,” the blog notes. Smart lighting is playing a pivotal role, unlocking the power of the IoT and smart building applications.

“Lighting is ubiquitous throughout all buildings and every luminaire is connected to a source of power,” it adds. “It is the perfect conduit for collecting data on what is happening in the building at any given time.”

Digital Lumens, an industrial and commercial smart building company was acquired by Osram, a multinational lighting manufacturer headquartered in Munich, Germany. Financial terms of the deal were not disclosed.

SiteWorx

Osram also acquired two other companies this year, namely LED Engin and Maneri-Agraz Enterprises. The latest acquisition will strengthen Osram’s portfolio of IoT applications in industrial lighting segment.

Digital Lumen’s primary use cases include intelligent lighting control, energy use, and security systems for commercial and industrial buildings. The technology combines IoT sensors, connected lights, and cloud-based software to offer smart-lighting solutions. It boasts having more than 2500 installations. This provides Osram a competitive edge as it has bought a fairly well-run company.

“The acquisition of Digital Lumens puts Osram in a strong position when it comes to offering future-focused digital solutions for the facilities management sector and IoT applications. By integrating software and sensors in a single platform, we will be able to give businesses a deeper insight into the environment within their buildings and their utilization of space, said Stefan Kampmann, CTO at OSRAM Licht AG.

Digital Lumens sells both products and platforms. Its core products are intelligent LEDs and lighting controls. It also provides platforms such as SiteWorx and Light Rules. SiteWorx is a cloud-based business intelligence solution.

SiteWorx app

Digital Lumens was a well-funded company with approximately $ 55M in equity funding. Its last Series C investment was in Oct 2014 when it raised $ 23M from Nokia Growth Partners.